137 N Kenmore Ave 4 Unit Apartment Building Offered at $2,270,103 CAD at a 5.61% Cap Rate Los Angeles, CA 90004

Rent increase is done every year in February* ALL UNITS HAVE WASHER AND DRYER AND COME WITH 2 PARKING SPOTS. CITY INSPECTION WAS DONE ON MARCH 11TH 2026. Charming 4-unit Spanish-style income property offering timeless architectural character and exceptional investment potential. The property features an attractive unit mix with two 2-bedroom, 2-bathroom units and two 2-bedroom, 1-bathroom unit. One of the 2 bed 2 bath units includes an additional den, often used by tenants as a third bedroom, providing added flexibility and enhanced rental value.True to its Spanish design, the building showcases classic details such as stucco exterior, and graceful architectural accents. The units offer functional layouts filled with natural light, creating comfortable and desirable living spaces.Each unit comes with 2 parking spots and its own washer and dryer.As a four-unit residential property, this is an ideal opportunity for an owner-user to occupy one unit while generating income from the remaining unitspotentially covering most, if not all of the holding costs. Well maintained this property presents a rare blend of character, lifestyle, and long-term income, and an appreciation. As far as location, this property sits at the ultimate crossroads of Los Angeles, offering a rare "5-minute lifestyle" where the best of Koreatown, Silver Lake, Los Feliz, Larchmont Village, and Downtown LA are all within a 5 min drive. Whether you're looking for world-class dining in Koreatown, local farmer's markets in Silverlake, or a night out at iconic music and sports venues in Downtown LA, this central hub places the city's most vibrant cultural and culinary scenes right at your doorstep, making it highly desirable and attractive for tenants